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Deere to Price $500 Million
In Corporate-Bond Market

Updated April 25, 2000 12:01 a.m. ET

NEW YORK -- The appearance of Deere in the new-issue pipeline was the only noteworthy event in the investment-grade bond market Monday.

The Moline, Ill. maker of farm and lawn-care equipment is planning to sell $500 million of 10- and 30-year bonds (A2/A+) later this week through joint lead managers Merrill Lynch & Co. and Salomon Smith Barney.